A Case for Euro Aggregate Fixed Income Portfolios

Global Balanced Risk Control Team Market Update

Feb 21, 2019

In late 2018, the GBaR team’s defensive positioning helped protect portfolios from falling equity markets. A common question from clients as the team entered 2019 was ‘what would make you more positive on equities?’ Watch Christian Goldsmith, Portfolio Specialist of the GBaR team’s latest market update video to explain.

4Q18 Review/Outlook: Global Fixed Income Opportunities

Conducting Due Diligence on Alternative Risk Premia

Jan 22, 2019

While alternative risk premia have existed for some time—and have long been used by hedge funds—they have only recently begun to be evaluated by a broad swath of investors. Given the growth of investor interest in this space, we thought it timely to share our insights on what constitutes effective due diligence.

GMA Viewpoint: Key Investment Themes Into 2019

2019 Convertibles Outlook: It's All Relative

Dec 28, 2018

Trying to figure out which asset class could become a break-out performer in 2019? The Convertible Bond Team discusses how convertible bonds can be a valuable portfolio diversification tool, amid higher rates and volatility next year.

2019 – To Neutral and Beyond?

Dec 20, 2018

As we look ahead to the new year, the key question for liquidity investors is what is the Federal Reserve’s neutral rate. This inferred rate will likely determine the path of interest rates in 2019 and beyond, as the Fed shifts their policy towards managing around neutral.

Andrew Slimmon – Euphoria is Not Yet on the Horizon

Managed Futures as a Crisis Risk Offset Strategy

Oct 26, 2018

Crisis risk offset is a term used to describe a group of strategies that seek to perform well in the event of an equity market collapse. In this paper, the MSIM Managed Futures Team explains why an allocation to such non-correlated strategies has the potential to dampen the impact of equity market volatility and enhance the expected risk-adjusted returns of an investor’s portfolio.

Too Much of a Good Thing?

Introduction to Alternative Risk Premia

Oct 08, 2018

In much the same way that long-only investors have considered “passive” investing as a way to adjust their exposures efficiently and to reduce cost, alternatives investors have begun to explore systematic and index-based solutions—such as “alternative risk premia”—as a way to achieve those same objectives. In this paper, we seek to introduce the concept of alternative risk premia, explain how investors can access them, and present the potential benefits and drawbacks associated with them.

The U.S. Versus the Rest of the World: Divergence and Correction

Oct 04, 2018

Since late spring, there has been a sharp divergence in performance between the U.S. and the rest of the world, with investors flocking into the U.S. market. We expect this spike to fully correct eventually and the recent volatility has provided signs of this, though there may be further to go.

The U.S. Versus the Rest of the World: Divergence and Correction

Different People: Human Capital Management and Diversity

Sep 30, 2018

As with any scarce resource, human capital needs to be protected and nurtured. We discuss global trends and how engaging employees, offering flexible work arrangements, providing training and promoting diversity, can attract talent and increase companies’ competitiveness.

Global Macro - Why Now?

Sep 04, 2018

Global Macro is an investment style that is highly opportunistic and has the potential to generate strong risk-adjusted returns in challenging markets. Against a backdrop of geopolitical uncertainty and potentially increased volatility, we felt it would be timely to share our insights on the space and explain why we believe now could be an opportune time to make an allocation to Global Macro.

As climate change impacts intensify around the world, so too do the economic impacts. MSIM's Real Assets Research & Investing team and the Institute for Sustainable Investing discuss how to integrate climate resilience when considering investing in real assets and the financial and reputational opportunities this may bring.

MSIM’s Dennis Lynch featured in Business Insider

May 15, 2018

Business Insider selected MSIM’s Head of Counterpoint Global Team, Dennis Lynch, to engage in a series of exclusive interviews. The first of which describes how his team’s edge begins with one word: Temperament.

In an exclusive interview with Bloomberg, Kristian Heugh explains why he and his team remain steadfast on the opportunities for bottom-up stock pickers in Asia, and believers in the Warren Buffett-inspired strategy that’s helped them stay ahead of peers.

Selective China share investing can offset the risks of an opaque market

Apr 29, 2018

In an interview with Hong Kong's South China Morning Post, China A Share portfolio manager, Gary Cheung describes how companies that offer services to China's growing middle class, along with tourism and environmental technology are areas where growth prospects can be easily seen.

A Convergence of Fortune

Apr 06, 2018

As the global economy continues to improve, emerging markets (EM) are converging with developed markets. In aggregate, we expect their reasonable valuations, healthy risk premiums and stable inflation to drive EM outperformance.

GMA View Point - Regime Shift: The End of Free Money

Portfolio Underperformance: Symptoms and Hacks

Mar 28, 2018

An inescapable fact of being a relative return fund manager is that performance is measured relative to a benchmark index. Our Indian Equity team reveal the tell-tale symptoms of underperformance and how to contend with it.

William Lock über das Potenzial von Kapitalvermehrern

The EDGE: Autonomous Vehicles

Aug 31, 2017

The Counterpoint Global Team researches autonomous vehicles, which use a suite of sensors, actuators and a central computer to "perceive" the environment and automate the driving process. This technology could change our conception of personal transportation.

Fishing for Stocks in China

Jun 09, 2017

Our location in Hong Kong gives us a unique perspective on the risks and opportunities of investing in China, a market we believe is ripe with opportunity for bottom-up stock picking, particularly in the consumer, internet, healthcare and education industries.

Quality Companies in Today’s Market Environment

The EDGE: CRISPR

Jan 31, 2017

The Counterpoint Global Team analyzes clustered regularly interspaced short palindromic repeats (CRISPR), a tool for genetic research that could birth new industries and disrupt existing medical treatments.